Stocks Finish Year Seeing Red YTD

Here is a daily recap of the S&P 500 broken down by sector followed by sector heat map as stocks finish year seeing red YTD. Stocks in heat map are based on the top 10 holdings of each sector ETF. Click on each picture to zoom in. Below is a summary of today’s action on Wall Street provided by CNBC:

Wall Street concluded a tumultuous 2018 on Monday as the major stock indexes posted their worst yearly performances since the financial crisis. After solid gains on Monday, the S&P 500 and Dow Jones Industrial Average were down 6.2 percent and 5.6 percent, respectively, for 2018.

The Dow Jones index jumped +265 points (+1.15%) to close at 23,327. The Nasdaq climbed +50 points (+0.77%) to settle at 6,635.

Stocks Finish Year Seeing Red YTD

All 3 majors averages posted gains on Monday but those same major averages turned in negative returns for the year, the worst yearly returns since the financial crisis. The S&P 500 returned -6.2% in 2018, the Dow -5.6% and the Nasdaq -3.9%. Stocks added gains on Monday after President Trump tweeted over the weekend that progress was being made towards a US China trade deal:

Key Takeaways…

I took the following CNBC screenshots this morning regarding key market issues, sector breakdown and consecutive down years:

About the authorTim Link

My goal is to provide a blog that consolidates stock market information for the average investor from at least five credible sources including stock reviews, analysis, financial news and market trends by sector.